$800 M annual investments in RP’s BPO

A huge $800 million a year investments in the Philippines’ business process outsourcing (BPO) sector is to be expected for the next six year, or $4.8 billion until 2016. Some 216,000+ jobs are also expected to be created over the same period. These figures are from the Business Processing Association of the Philippines (BPAP).

These are among the new, positive developments in the Philippine economy, especially in terms of job creation. Last year, an estimated 440,000 jobs in the sector were created; this year, it is expected to rise to 530,000 jobs.

This new jobs creation, multi-million dollars earnings and related positive results should give more hopes to many young Filipino job-seekers in the country.